What is tarp, how did it work, and why was it deemed necessary?

It's basically some type of shelter, it was necessary to protect you from the harsh weather.

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The Best Answer Would Be - The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was signed into law by President George W. Bush on October 3, 2008.In 2008, President George W. Bush signed the Troubled Asset Relief Program (TARP) into law. This law gave the Department of the Treasury the right to purchase or guarantee troubled assets. ... According to the CBO, TARP was not a means to throw away $700 billion of taxpayer dollars.

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